65, NIPSELLS CHASE, MAYLAND, CHELMSFORD, CM3 6EH - £261,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

65 NIPSELLS CHASE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £261,500 in July 2016, which was around 38% below the average July 2016 detached price in the Maldon local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

65 NIPSELLS CHASE Sold Prices

Land registry data shows two sales for 65 NIPSELLS CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 65 NIPSELLS CHASE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 15 JUL	£261,500	£419,292	38% below HPI
2009 12 JUN	£133,000	£286,207	54% below HPI

65 NIPSELLS CHASE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 65 NIPSELLS CHASE sales from June 2009 and July 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2009 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 65 NIPSELLS CHASE?

65 NIPSELLS CHASE is 78m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 65 NIPSELLS CHASE lies on this distribution: 9% of detached houses are smaller than 65 NIPSELLS CHASE, and 91% of houses are larger. Note that EPC data is not available for all properties in Mayland.

65 NIPSELLS CHASE: Plot and Title Map

65 NIPSELLS CHASE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 65 NIPSELLS CHASE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 65 NIPSELLS CHASE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 65 NIPSELLS CHASE?

65 NIPSELLS CHASE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 65 on NIPSELLS CHASE.